Americas Economic Development

during the Colonial PeriodName XXXXProfessor XXXXCourse XXXX26 whitethorn 2008During the 17th and 18th centuries , European nations were gravid influenced by the scotch formation of mercantilism - a dust which aims at maximizing the wealth of a nation (Scott , 2001 . Europeans came to the Americas to get their wealth , expand their influence , gain more pouf , and build an empire . To acquire wealth for their motherland Europeans had to separate colonies . The colonists regulated the economic activities of their colonies and then accumulated wealth for the European powers (Score , 2006From 1607 to 1732 , the Europeans colonized thirteen countries , grouped as follows (1 ) pertly England Colonies (New Hampshire , ma Rhode Island , and Connecticut ) - more on ship make and pelt concern (2 ) Middle Colonies (New York , New Jersey , Pennsylvania and Delaware ) - more oecumenical and trading raw materials for manufactured items and (3 ) confederationern Colonies (Maryland , Virginia , North Carolina , south Carolina and Georgia ) - predominantly rural economy (Conte Karr 2001The discovery of these countries resulted in a movement of European populations into the colonies . This demographic change facilitated the economic progress of the colonies . Their citizens of different origins developed a synergy to distinguish together in harmony utilized their crafts and created towns with shops , markets , town halls (Think QuestAs the colonies became well-situated , the English realized that the colonies could expand their trade and further pull round . In 1650s and 1660s , England instituted a set of soaring Acts to limit colonial trade solely to British - and colonies exports to and conditional relations from other countries had to be shipped by dint of and through Great Britain , thereby increasing the latter s import trading coll! ections , and incomes for re-exportation of goods (Scott , 2001These trade restrictions somehow benefited the colonies , e .

g , New England s ship building industry benefited from foreign competition tax shelter , South Carolina gained from an indigo subsidy , North Carolina profited from bounties on shit and lumber , and mixed other exporters benefited from zero import tariffs (Scott , 2001The Navigation Acts were strictly compel in 1763 , which heightened the interest of the colonies to gain their license from Britain (Scott 2001ReferencesConte , Christopher , and Albert R . Karr (2001 . Chapter 3 - The U .S Economy : A plan History . An delineate of the U .S . Economy . Retrieved whitethorn 25 , 2008 , from U .S . incision of State s Bureau of International learning Programs blade settle http /usinfo .state .gov /products /pubs /oecon /chap3 .htmScore (2006 .A Study of the colonial economy from 1600-1750 . Retrieved May 25 , 2008 , from Schools of California Online Resources for Education (Score ) weave identify : http / induct .rims .k12 .ca .us /score_lessonsScott , Carole E (2001 . Mercantilism and the American Revolution . In American Economic History . Retrieved May 25 , 2008 , from Ancestry .com Web site http /freepages .history .rootsweb .ancestry .com cescott /mercan .htmlThink Quest (n .d . The Colonial Period . Retrieved May 25 , 2008 , from Oracle Education Foundation Web site http / library .thinkquest .org /C007803 /colonia_period .htm PAGE 3...If you want to get a full essay, straddle it on our website: BestEssayCheap.com

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